The table below looks at the prevalence of the term Banking in contract job vacancies advertised in Tyne and Wear. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 3 months to 23 June 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Banking
North East / Tyne and Wear
3 months to
23 Jun 2017
Same period 2016 Same period 2015
Rank 37 112 49
Rank change year-on-year +75 -63  
Contract jobs citing Banking 9 13 10
As % of all contract IT jobs advertised in Tyne and Wear 2.28% 0.93% 1.60%
As % of the General category 12.68% 6.57% 8.20%
Number of daily rates quoted 9 9 8
Median daily rate £550 £410 £488
Median daily rate % change year-on-year +34.14% -15.89%  
90% offered a daily rate of more than £198 £225 £396
10% offered a daily rate of more than £1,100 £423 £543
UK excluding London median daily rate £413 £410 £400
% change year-on-year +0.60% +2.50%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £13.00 £9.82 £10.44
% change year-on-year +32.45% -5.98%  

Banking is in the common skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Tyne and Wear with a requirement for common skills.

General Skills
Tyne and Wear
Contract job vacancies with a requirement for common skills 71 198 122
As % of all contract IT job vacancies advertised in Tyne and Wear 18.02% 14.10% 19.55%
Number of daily rates quoted 51 133 77
Median daily rate £350 £340 £345
Median daily rate % change year-on-year +2.94% -1.44%  
90% offered a daily rate of more than £190 £220 £255
10% offered a daily rate of more than £648 £466 £525
UK excluding London median daily rate £415 £400 £400
% change year-on-year +3.75% -  
Number of hourly rates quoted 5 9 14
Median hourly rate £32.00 £27.50 £13.00
Median hourly rate % change year-on-year +16.36% +111.53%  
90% offered a hourly rate of more than £26.30 £10.00 £10.70
10% offered a hourly rate of more than £47.83 £28.05 £36.80
UK excluding London median hourly rate £30.00 £25.00 £22.50
% change year-on-year +20.00% +11.11%  

Banking
Job Vacancy Trend in Tyne and Wear

The job posting trend of jobs advertised in Tyne and Wear citing Banking as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Banking in Tyne and Wear

Banking
Contractor Daily Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking in Tyne and Wear.

Contractor daily rate trend for Banking in Tyne and Wear

Banking
Contractor Daily Rate Histogram in Tyne and Wear

The daily rate distribution of IT jobs citing Banking in Tyne and Wear over the 3 months to 23 June 2017.

Contractor daily rate histogram for Banking in Tyne and Wear

Banking
Contractor Hourly Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking in Tyne and Wear.

Contractor hourly rate trend for Banking in Tyne and Wear

Banking
Contract Job Locations in Tyne and Wear

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Tyne and Wear region over the 3 months to 23 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Newcastle upon Tyne +75 9 £550 +34.14% 1
Banking
North East

For the 6 months to 23 June 2017, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Tyne and Wear region with a requirement for Banking.

1 7 (43.75%) Retail
1 7 (43.75%) Retail Banking
2 5 (31.25%) Digital Transformation Programme
2 5 (31.25%) Finance
3 4 (25.00%) Copywriting
3 4 (25.00%) Typography
3 4 (25.00%) PMO
3 4 (25.00%) Content Marketing
3 4 (25.00%) Marketing
4 3 (18.75%) Greenfield Project
5 2 (12.50%) Agile Software Development
5 2 (12.50%) Mobile App
5 2 (12.50%) Cybersecurity
6 1 (6.25%) ServiceNow
6 1 (6.25%) Android Development
6 1 (6.25%) User Experience
6 1 (6.25%) Front End Development
6 1 (6.25%) Mobile Application Development
6 1 (6.25%) CMDB
6 1 (6.25%) Taxonomies
6 1 (6.25%) Open Source Development
6 1 (6.25%) Wireframes
6 1 (6.25%) Data Loss Prevention
6 1 (6.25%) Network Segmentation
6 1 (6.25%) Privileged Access Management
6 1 (6.25%) TDD
6 1 (6.25%) Spring
6 1 (6.25%) General Ledger
6 1 (6.25%) Knowledge Management
6 1 (6.25%) Incident Management

Banking
Co-occurring IT Skills in Tyne and Wear by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (6.25%) CMS
Development Applications
1 1 (6.25%) jMock
1 1 (6.25%) JUnit
1 1 (6.25%) Mockito
General
1 7 (43.75%) Retail
1 7 (43.75%) Retail Banking
2 5 (31.25%) Finance
3 4 (25.00%) Marketing
4 1 (6.25%) Financial Institution
4 1 (6.25%) General Ledger
4 1 (6.25%) Legal
Job Titles
1 4 (25.00%) Analyst
1 4 (25.00%) Copywriter
2 3 (18.75%) Banking Analyst
2 3 (18.75%) Digital Copywriter
2 3 (18.75%) Marketing Copywriter
3 2 (12.50%) Banking Project Manager
3 2 (12.50%) Business Analyst
3 2 (12.50%) Developer
3 2 (12.50%) PMO Analyst
3 2 (12.50%) PMO Director
3 2 (12.50%) Project Manager
4 1 (6.25%) Android Developer
4 1 (6.25%) Banking Business Analyst
4 1 (6.25%) Cybersecurity Manager
4 1 (6.25%) IT Analyst
4 1 (6.25%) Retail Banking Business Analyst
4 1 (6.25%) Scrum Master
4 1 (6.25%) Security Manager
4 1 (6.25%) Security Project Manager
4 1 (6.25%) ServiceNow Developer
Libraries, Frameworks & Software Standards
1 1 (6.25%) Hibernate
1 1 (6.25%) HTML
1 1 (6.25%) J2EE
1 1 (6.25%) SOAP
1 1 (6.25%) Spring
1 1 (6.25%) Spring MVC
1 1 (6.25%) XML
Miscellaneous
1 3 (18.75%) Greenfield Project
2 2 (12.50%) Mobile App
3 1 (6.25%) CMDB
3 1 (6.25%) Hedge funds
3 1 (6.25%) Taxonomies
3 1 (6.25%) User Experience
Operating Systems
1 1 (6.25%) Android
Processes & Methodologies
1 5 (31.25%) Digital Transformation Programme
2 4 (25.00%) Content Marketing
2 4 (25.00%) Copywriting
2 4 (25.00%) Typography
3 2 (12.50%) Agile Software Development
3 2 (12.50%) Cybersecurity
4 1 (6.25%) Change Management
4 1 (6.25%) Front End Development
4 1 (6.25%) Incident Management
4 1 (6.25%) Investment Management
4 1 (6.25%) ITIL
4 1 (6.25%) Knowledge Management
4 1 (6.25%) MVC
4 1 (6.25%) Open Source
4 1 (6.25%) Problem Management
4 1 (6.25%) Scrum
4 1 (6.25%) SOA
4 1 (6.25%) Stakeholder Management
4 1 (6.25%) TDD
4 1 (6.25%) Workflow
Programming Languages
1 1 (6.25%) C
1 1 (6.25%) Java
1 1 (6.25%) JavaScript
Quality Assurance & Compliance
1 4 (25.00%) PMO
Vendors
1 1 (6.25%) Oracle
1 1 (6.25%) ServiceNow